We are definitely starting to see a shift in the Palm Springs area real estate market. The number of homes available for sale has been rising over the last few weeks.

That rise has been driven primarily by a reduction in buyer activity as listing activity is still below ...

While the strong seller's market continues in the Palm Springs area, we are keeping an eye on some numbers that may indicate a slight shift in the market as we move through the summer selling season. 

When we look at what's happening in the market ...

Do this week's numbers signify a shift in the Palm Springs area real estate market? We'll be watching the numbers in the coming weeks to see if the hot seller's market continues.

Scroll down to view the charts from this update, and you'll find our ...

New listings, closed escrows, and average selling prices were up this week in the Palm Springs area. Will inventory start its return to normal? Find out with our weekly update every Monday.

Scroll down to view the charts that accompany this update, and don't hesitate to call if you ...

The Palm Springs real estate market has entered a "new normal" characterized by near-record low inventory, strong buyer activity, and rising prices. This trend has continued over the last 3 months and there is currently no indication this will change.

Scroll down to view the charts from this video ...

The Palm Springs real estate market continues to be great for sellers and challenging for buyers. Home selling prices are continuing to trend upwards driven by low inventory and strong buyer demand. 

Homes are selling well at all price points and the luxury market is seeing strong sales as ...

As we move into the summer selling season, we have yet to see the return to normal inventory levels predicted. The number of new listings each week has dropped -21% compared to this time three months ago, and the number of homes for sale is down 19 ...

We're still in a strong seller's market in the Palm Springs area, but the number of homes for sale is down over the last 3 months, as are new escrows. Selling prices are remaining stable as we move into the summer selling season

Will inventory return to ...

New listings are trending slightly downward in the Palm Springs area over the last few weeks, but inventory is remaining stable. Part of that is due to a slightly reduced number of new escrows.

Will that trend continue? Come back each Monday to find out, and don't forget ...

Inventory remains near record lows as we move into the summer selling season in the Palm Springs area. As a result, selling prices remain higher than normal and it’s still a challenging market for our buyers.  

If you're looking for a home in the Palm Springs area ...